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PYMNTS
SEPTEMBER 30, 2020
House committee this week began reviewing the idea of allowing the likes of Amazon or Facebook to receive charters to operate as banks — an idea that’s already gotten plenty of pushback from traditional financial institutions (FIs). However, the banking industry doesn’t like that one bit. FDIC), the states and the courts.
Gonzobanker
DECEMBER 22, 2020
Bankers started the year with good business plans, strong balance sheets, and optimism. Even George Bailey would have given you the thumbs up. “I learned a long time ago that reality was much weirder than anyone’s imagination.” ” – Hunter Thompson. Well, HST and Big Bird had it right. Everything.
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Abrigo
JUNE 4, 2020
Eight weeks at the beginning of this PPP process may have seemed sufficient, but with states opening back up at various paces and staging and delays of the businesses openings referred to as non-essential, the longer covered period is a welcome update.’” 75%) of loan proceeds required to be spent on payroll.
Independent Banker
DECEMBER 1, 2021
The idea that community banking can be a force for positive change is at the heart of Beneficial State Bank, which engages its customers through financial activism. By Roshan McArthur. Name: Beneficial State Bank. Assets: $1.5 Location: Oakland, Calif. billion-asset community bank in Oakland, Calif., wears this mission proudly.
PYMNTS
MARCH 2, 2018
In addition, we saw more and more B2B FinTech models proving out at the banks, coupled with larger and later-stage investments as the FinTech world scales up.”. where slower economic growth and industry uncertainties due to Brexit have been an issue, it is an encouraging sign.”. Much of the growth, particularly in the U.S.
Independent Banker
DECEMBER 13, 2015
Nevertheless, cash—and coins for rounding up transactions—still plays a primary role in many millions of transactions every day on America’s Main Street. “We Around Christmas it jumps up, too.”. The use of cash in small or rural communities remains strong, community bankers say. Changing role of cash. The cashier’s role.
Gonzobanker
DECEMBER 19, 2017
While the Gonzo team loves to celebrate our mid-size entrepreneurial banks who “stick it to the man,” we also need to extend a GonzoBanker salute to Bank of America CEO Brian Moynihan. For 35 years, Wilmers led M&T with creativity, integrity and the “old-school” wisdom of a community banker who created a $26 billion market cap company.
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